Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago,

User Stats

452
Posts
10
Votes
Michael Dunn
  • Olive Branch, MS
10
Votes |
452
Posts

Differences in Financing when...

Michael Dunn
  • Olive Branch, MS
Posted

How is/will the financing be different for a property that I tell my Lender up front, that I am purchasing with the intent on " Flipping " the property vs buying it as an O.O. ?

Will the fees as a whole be more, as well as the interest that I will have to pay ?

And I just read an article for 2014, that states that the 90-day Flip rule is still in effect, in regards to not being allowed to sale the property, for more than 20% of the price in which you purchased the house for.

So if this is still in effect, just wait more than 90 days from the date you purchase the property, and " Then " you can sell it for as much as the Market allows for the property via what ever it's ARV appraisal is ?

Thanks everyone, as always, I appreciate all the help and insight on these questions/topics

Loading replies...